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Katena32 [7]
3 years ago
14

The general term employed to indicate an expense that has not been paid or revenue that has not been received and has not yet be

en recognized in the accounts is:
A. asset.
B. accrued.
C. prepayment.
D. contra asset.
Business
1 answer:
valkas [14]3 years ago
3 0

Answer: The general term employed to indicate an expense that has not been paid or revenue that has not been received and has not yet been recognized in the accounts is:

<u>B. accrued.</u>

Explanation: It is the accounting principle by which recognition of losses and gains is given based on time, regardless of having paid or collected.

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KIM [24]

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4 0
3 years ago
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Answer:

Executive Director, Non Executive Director

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Answer:

Marginal thinking

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3 years ago
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